Long and pointy nose for new Ferrari

Ferrari have just released its new 2009 car to the public, officially named F60. The new car is extraordinarily interesting as it is the first race-ready 2009 car to be launched, although Ferrari have already confirmed that a lot of updates are coming ahead of the first GP.
Amongst others, one of the most striking features of the new Ferrari is its long and pointy nose cone. This change is no doubt influenced by the rules that specify the front wing to be moved forward. As such, the team at Maranello have decided to redesign the nosetip and extend it, allowing to have a sharp point instead of the fairly round cones that have characterised recent Ferrari F1 cars.
Maranello also paid a lot of attention to the front wing attachments and positioned them as far back as possible to not intervene with the nosetip's airflow itself.
Note that around the nose, teams are aiming to reduce drag rather than increase downforce, as the new front wing does not add downforce in its middle section - as the middle section of the front wing has a regulated, neutral profile.